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Deckers Outdoor Faces Direct-To-Consumer Growth Slowdown, Analyst Downgrades Stock
Thursday, April 11, 2024 - 12:04pm | 231Read More...Truist Securities analyst Joseph Civello downgraded Deckers Outdoor Corp (NYSE:DECK) stock to Hold from Buy and cut the price target to $864 from $983. The analyst wrote that Truist Card Data indicated HOKA's Direct-to-Consumer (DTC) growth decelerated in mid-February and remained softer through...
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Foot Locker Is In Short Squeeze Territory, Stock Is Presenting A Buy Says Analyst
Friday, January 20, 2023 - 4:23pm | 410Read More...Athletic footwear and apparel retailer Foot Locker, Inc (NYSE: FL) had a strong 2022, booking $8.96 billion in revenue along with $893 million in earnings. An analysis of Foot Locker's valuation metrics revealed the company presented a compelling investment opportunity, according to...
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Josh Brown Cuts Coinbase Position, Buys 2 Stocks That Made Public Debuts In 2021
Tuesday, January 11, 2022 - 4:34pm | 584Read More...Ritholtz Wealth Management's Josh Brown is making some portfolio adjustments after being stopped out of a trade in Coinbase Global Inc (NASDAQ: COIN). "I was wrong," Brown said Tuesday on CNBC's "Fast Money Halftime Report." Although the stock is down 10% from...
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Finish Line's Shin Splints: Poor Quarterly Pre-Announcement Pummels Stock, Downgrade Follows
Tuesday, August 29, 2017 - 9:21am | 389Read More...Shares of Finish Line Inc (NASDAQ: FINL) plummeted 30 percent after the retail sportswear chain surprised investors with its second-quarter earnings pre-announcement. As a result of the poor report, Buckingham Research Group's Scott Krasik downgraded Finish Line's stock from Neutral to Underperform...
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How The Athletic Footwear Market Has Changed In Recent Years
Tuesday, January 31, 2017 - 3:59pm | 511Read More...Under Armour Inc (NYSE: UA) (NYSE: UAA) shares are down more than 24 percent on Tuesday after the company broke its streak of 26 consecutive quarters of at least 20 percent revenue growth by delivering 12 percent revenue growth in Q4. The possibility of slowing growth is certainly disappointing for...
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Under Armour Bolsters Its Footwear Lineup With A New Boutique-Only Shoe
Wednesday, October 26, 2016 - 3:46pm | 276Read More...Under Armour Inc (NYSE: UA) has had quite the week. Despite beating on earnings estimates and revenues, the company suffered the worst single-day decline in eight years. While management tempered future guidance, Under Armour is still growing. It appears to be shifting from a hyper-growth company...
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Athletic Footwear Sells Off Amid Signs Of Weakening Fundamentals
Sunday, December 21, 2014 - 12:23pm | 320Read More...A slew of footwear retailers were falling Friday after an analyst said athletic shoe sales promotions are running riot in the nation's shopping malls. Following four years that were relatively free from sales promotions, athletic footwear has seen "rising discounts at retail"...
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Morgan Stanley: Decline In Nike A Chance To Accumulate Shares That Are 'Ultimately Headed Much Higher'
Friday, December 19, 2014 - 11:15am | 195Read More...Jay Sole of Morgan Stanley commented in a note on Friday that Nike Inc's (NYSE: NKE) second quarter earnings per share not only grew by 25 percent, but suggests the company can deliver at least mid-teens growth throughout fiscal 2015. “Nike's second quarter report underscored why we have high...
